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Federal Home Loan Mortgage Corp FMCC

Federal Home Loan Mortgage Corporation is a government-sponsored enterprise. The Company is engaged in purchasing single-family and multifamily residential mortgage loans originated by lenders. The Company’s Single-Family segment provides liquidity and support to the single-family mortgage market through a variety of activities that include the purchase, securitization, and guarantee of single-family loans originated by lenders. Its Single-Family business consists of activities related to providing market liquidity by purchasing and securitizing mortgage loans and issuing guaranteed mortgage-related securities, transferring credit risk, performing loss mitigation activities, and investing in mortgage-related and other investments. Its Multifamily segment includes purchase, securitization, and guarantee of multifamily loans, its investments in multifamily loans and mortgage-related securities, and the management of Multifamily mortgage credit risk and market risk.


OTCQB:FMCC - Post by User

Post by whytestockson Feb 22, 2024 9:00pm
41 Views
Post# 35894777

Mortgage Rates Continue to Rise, Nearing Seven Percent

Mortgage Rates Continue to Rise, Nearing Seven Percent
NEWS: $FMCC Mortgage Rates Continue to Rise, Nearing Seven PercentMCLEAN, Va., Feb. 22, 2024 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey ® (PMMS ® ), showing the 30-year fixed-rate mortgage (FRM) averaged 6.90 percent. "Strong incoming economic and inflation d...FMCC - Mortgage Rates Continue to Rise, Nearing Seven Percent

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